Press Release

LionVolt spins out of TNO at Holst Centre

3 minutes | 3 March 2021

TNO formally spins off its 3D battery activities into a new company, LionVolt B.V., co-founded by Karl McGoldrick and Sandeep Unnikrishnan in Eindhoven.

Accelerate solid-state battery on 3D anode technology

TNO at Holst Centre today announces that it is spinning off its 3D battery activities under the name LionVolt B.V. The new company will accelerate the development of a solid-state battery based on the 3D technology developed by TNO at Holst Centre over the past five years of R&D.

The technology is based on 3D thin-film solid-state layers. Compared with currently used lithium batteries, it is intended to be lighter and safer, recharge rapidly, deliver higher energy density, be intrinsically safe, and have a longer product lifespan. A proof-of-concept of a fully solid-state 3D thin-film battery was demonstrated by the team in December 2020, showing that 3D batteries can be produced at scale.

LionVolt is co-founded by Karl McGoldrick (CEO) and Sandeep Unnikrishnan (CTO). The Holst Centre and TNO continue as research partners. LionVolt is in the process of finalising seed funding to accelerate development.